Poland's central securities depository, the National Depository for Securities, will transfer its clearing functions to KDPW_CCP, a central counterparty for transactions executed in the primary market and across alternative trading systems, on 1 July.
Turquoise, the alternative trading venue majority owned by the London Stock Exchange, has confirmed that eight shareholder banks have signed up to trade on its new derivatives platform from 6 June.
Brad Hunt has left his position as a London-based managing director at Goldman Sachs Electronic Trading, the broker's execution services division, to take on a new role at Markit.
Trading venue operator BATS Global Markets has reported volume numbers for May 2011, including 3.9% matched market share for BATS Options, the US derivatives venue launched just over a year ago.
Chi-X Australia, a wholly-owned subsidiary of alternative trading venue operator Chi-X Global, has released the names of brokers that intend to participate in its market launch, expected in Q4 2011.
Qatar's Supreme Council for Economic Affairs and Investment has approved the establishment of a junior market for small and medium enterprises at Qatar Exchange.
The Singapore Exchange (SGX) has launched a consultation on the pre-opening and closing mechanisms on its securities market with the aim of improving transparency and price discovery.
The expected introduction of dark pool trading rules in Australia as part of market-wide regulatory changes should not pose major obstacles to the future development of these off-exchange liquidity venues, market participants say.